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124th MAINE LEGISLATURE |
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LD 1768 |
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LR 2589(02) |
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Resolve, Regarding
Legislative Review of Chapter 285:
Adjustment of Non-bank Mortgage Lender Fees To Fund Investigative and
Legal Compliance Personnel, a Major Substantive Rule of the Department of
Professional and Financial Regulation |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Insurance and Financial Services |
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Fiscal Note Required: Yes |
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Fiscal Note |
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2009-10 |
2010-11 |
Projections 2011-12 |
Projections 2012-13 |
Revenue |
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Other Special Revenue Funds |
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$0 |
$98,000 |
$98,000 |
$98,000 |
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Fiscal Detail and
Notes |
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The major
substantive rule under review would increase the volume fee charged to
supervised lenders (other than supervised financial organizations) making
residential loans from $20 per $100,000 of loans made to $35 per $100,000 to
support existing staff of the Bureau of Consumer Credit Protection in the
Department of Professional and Financial Regulation. |
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